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Elelvation Real Estate Group

June 2022

Home prices soften as Fraser Valley housing market cools amid lower sales and higher inventory

Posted on Jun 02, 2022

Fraser Valley Housing Market - May 2022 Statistics
SURREY, BC – As property sales continue to fall in the Fraser Valley and active listings continue to grow, the region is edging towards more balanced levels not seen since the pre-pandemic period.

Sales of all property types in May were 1,360, down 16.9 per cent from April’s 1,637; and down 53.9 per cent compared to May of 2021.

MLS Sales May 2022 - Fraser Valley Housing Market Statistics

At the same time, act...

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